Doug Putman photograph

Doug Putman

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Gender Male
Age 40
Date of birth March 1,1984
Zodiac sign Pisces
Born Ancaster
Hamilton
Canada
Date of Reg.
Date of Upd.
ID1491095
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Doug Putman Life story


Douglas Robert Putman is a Canadian business executive. Putman is the owner and chief executive officer of the music retailer Sunrise Records, the President of Everest Toys and the owner of hmv UK.

Wilko rescue deal failed because of greed, claims HMV boss

Wilko rescue deal failed because of greed, claims HMV boss
Nov 28,2023 4:21 am

... Canadian billionaire Doug Putman said firms, including some landlords, had been " super inflexible" and made a deal " literally impossible"...

Wilko brand set to be bought by The Range in £5m deal

Wilko brand set to be bought by The Range in £5m deal
Sep 13,2023 11:21 am

... The billionaire owner of HMV, Doug Putman, hoped to keep as many as 300 Wilko shops open, but his bid failed and no other bidders were interested in running the shops under the Wilko name...

First Wilko store closures begin on Tuesday

First Wilko store closures begin on Tuesday
Sep 11,2023 7:21 pm

... Doug Putman, the billionaire owner of music retailer HMV, had tabled a bid to buy up to 300 Wilko shops but it fell through as rising costs complicated the deal...

Wilko rescue deal fails sparking huge job loss fears

Wilko rescue deal fails sparking huge job loss fears
Sep 11,2023 4:01 am

... The billionaire owner of HMV, Doug Putman, planned to keep up to 300 Wilko shops open, but his bid failed as rising costs complicated the deal...

Wilko shops set to close next week named

Wilko shops set to close next week named
Sep 6,2023 6:01 am

... Rival B& M has agreed a £13m deal for up to 51 of Wilko s buildings, but the fate of the brand and a further 300 stores remains uncertain, with a bigger rescue package put forward by HMV s Doug Putman understood to have been held up due to funding issues...

One in 12 jobs to go at collapsed retailer Wilko

One in 12 jobs to go at collapsed retailer Wilko
Sep 5,2023 11:31 am

... However, the fate of a further 300 stores remains uncertain, with a deal tabled by HMV s owner, Doug Putman, understood to have stalled due to funding issues...

Wilko deal to buy firm and save jobs falls through

Wilko deal to buy firm and save jobs falls through
Aug 31,2023 7:01 am

... But it is understood that PwC, which is overseeing the sale of Wilko, is still in talks with HMV owner Doug Putman about a deal...

Coronavirus: It is very exciting, the return to work

Coronavirus: It is very exciting, the return to work
Jun 14,2020 10:54 pm

... buyer, the owner, Doug Putman...

Wilko shops set to close next week named

Jun 13,2020 2:39 am

By Michael RaceBusiness reporter, BBC News

The 52 Wilko shops set to close next week due to The Chain 's collapse have been named.

Administrators PwC said 26 shops would close next Tuesday, with a further 28 to shut on Thursday 14 September.

More Than 1,000 staff are being made redundant as hopes of a rescue deal for The Business hang in The Balance .

Edward Williams , joint administrator at PwC, said in the " absence of viable offers" for the whole company, closures and job losses were " necessary".

The Following stores Will Close on 12 September:

The Following stores Will Close on 14 September:

" The Loss of these stores will be felt not only by The Team members who served them with such dedication, including through the uncertainty of recent weeks, but also the communities which they have been a part of, " said Mr Williams.

Administrators announced More Than 1,300 redundancies on Tuesday, with job losses at the 52 stores as well as Wilko's distribution and support centres.

Staff at the affected shops were told of The Job losses at 10:00 BST.

Rival B& M has agreed a £13m deal for up to 51 of Wilko's buildings, but the fate of the brand and a further 300 stores remains uncertain, with a bigger rescue package put forward by HMV's Doug Putman understood to have been held up due to funding issues.

PwC said " active discussions with parties interested in buying parts of The Business " were continuing and that it was " committed to preserving as many jobs as possible".

But it warned that it was possible that " further store closures may regrettably be necessary".

The retail chain, a stalwart of The High Street for decades, fell into administration in August after struggling with losses. It has around 12,500 staff and 400 shops

Wilko was founded in 1930 and by the 1990s had become one of Britain's fastest-growing retailers. But The Chain has faced strong competition in recent years from rivals including B& M, Poundland and Home Bargains .

Some retailers such as Dunelm and Toolstation have urged Wilko employees to apply for roles.

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Source of news: bbc.com

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